Office Listings

221 E Georgia Street
Strathcona Vancouver V6A 1Z6

$2,598,000
Multi-Family Commercial, Retail

View of property
Photo 1: 221 E Georgia Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8073870
Photo 2: 221 E Georgia Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8073870
Photo 3: 221 E Georgia Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8073870
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8073870
Build. Type:
Low Rise (2-4 storeys)
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul’s Hospital. Reliable income property with value-add and redevelopment potential.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Multi Family
Construction:
Brick/Masonry, Frame Wood
Num Storeys:
3
Building Type:
Low Rise (2-4 storeys), Mixed Use
# Units Total:
17
# Other Units:
1
# of Apartments:
16
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1912 (Age: 114)
Living Area:
1,353 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
25'
Subject Space Width:
25'
Retail Size:
1,353 sq. ft.
Lot Area:
3,049.2 sq. ft.
Potential to Redevelop:
Check with City regarding re-development potentials, No
Road Surface:
Paved
Cooling:
Electric
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
015662128
Taxes:
$11,298.1 / 2025
No
No
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
Check with City regarding re-development potentials, No
Env Assmt Phase:
No
  • Photo 1: 221 E Georgia Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8073870
    View of property
  • Photo 2: 221 E Georgia Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8073870
    View of building exterior with a view of city
  • Photo 3: 221 E Georgia Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8073870
    View of building exterior
Listed by RE/MAX Real Estate Services
Data was last updated September 21, 2026 at 03:40 AM (UTC)
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